Clearwater Living · 1 month ago
Real Estate Divisional Accountant
Newport Beach, CA, 92660, US
Full-time
Onsite
Mid, Senior Level
$120K/yr - $145K/yr
7+ years expClearwater Living is seeking a highly motivated and detail-oriented Real Estate Divisional Accountant to join their growing real estate investment and development team. This role focuses on supporting investment entities and development projects by ensuring accurate financials, project accounting, cost tracking, and contract administration for successful project execution.
Assisted LivingElder CareElderlyHealth Care
Responsibilities
Manage investment entity monthly financials and reporting, including tracking investors capital accounts, correspondence with investors, and coordinating final K-1’s and tax returns with Company’s outside CPA
Manage all accounting functions for investment and development projects, including cost tracking, cash management, and reconciliations
For investment projects, work with operations team to ensure debt coverage and other lender covenant compliance on monthly reporting
For development projects, prepare and review monthly draw packages for pay applications along with schedule of values, insurance certificates, lien releases, etc
Coordination of all AR and AP for the division, including coordination with lenders, investors, and third-party consultants
Maintain general ledger and project accounting records in Yardi and Excel
Assist with contract administration, including contracts, tracking commitments, change orders, and vendor invoices
Support cash flow forecasting and funding schedules in collaboration with the development and finance teams
Partner with project managers to monitor budgets, variances, and performance metrics
Prepare project financial reports and provide analyses for senior leadership and institutional partners
Ensure compliance with internal controls, investor reporting requirements, and accounting standards
Assist with year-end audits, tax requests, and other special projects as needed
Qualification
Required
7+ years of experience in general accounting and real estate development accounting (senior living, multifamily, or similar asset classes preferred)
Strong proficiency in Yardi and Microsoft Excel
Solid understanding of general accounting for entities, development cost accounting, GAAP, and construction draw processes
Experience with institutional capital partners and lenders regarding structure and reporting requirements
Detail-oriented with excellent organizational and problem-solving skills
Strong communication skills and ability to collaborate effectively with internal teams, consultants, and investors
Proactive, self-motivated, and comfortable working in a fast-paced entrepreneurial environment
Bachelor's degree in Accounting, Finance, or related field (CPA or MBA a plus)
Ability and willingness to work in-office, full-time, at the Company's Home Office in Newport Beach, CA
Benefits
Excellent benefits
401(k)contributions
Paid Vacation and Sick leave
Exciting opportunities to grow
Dynamic and fast paced environment
Culture of people first and service always
Company
Clearwater Living
Clearwater Living is an elder care organization that offers entitled land and develops living communities for senior citizens.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2025-12-22Acquired
Leadership Team
Tony Ferrero
CEO
Kristin Turner
Executive Assistant to President/COO
Recent News
2025-12-18
2025-09-09
Company data provided by crunchbase